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  5. WJX: Please provide comments on their latest results and their current debt vs equity position. [Wajax Corporation]

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Q: Please provide comments on their latest results and their current debt vs equity position. With a 17% drop after reporting their results, do you think the drop is overdone? Would you continue to hold or sell for tax loss?
Asked by David on November 06, 2024
5i Research Answer:
We would be comfortable selling. The company is small, cyclical and has a levered balance sheet....
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